Publicis has confirmed that it is mulling a bid for Alliance Data Systems’ Epsilon marketing unit, valued at around $5bn. Goldman Sachs with private equity outfit Advent is also in the frame.
Epsilon would be a major deal for Publicis, on a par with its acquisition of tech consultancy Sapient a few years ago. Epsilon would, arguably, give it more data arrows in its quiver than any of its rivals. The French-owned group, headed by CEO Arthur Sadoun, would then begin to look like a tech business with a number of ad and medias agencies attached – leading to speculation that some of them would be merged or sold.